Gold is overbought.
GOLD is in an upward channel.
The indicators hint to overbought.
The chart has created a harmonic pattern.
We foresee a correction.
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Trade Active
GOLD is in an upward channel between the trendlines.
The price is moving away from dynamic resistance and the channel's upper boundary.
The chart has created a harmonic pattern.
We expect XAUUSD to fall within the channel.
The indicators hint to overbought.
The chart has created a harmonic pattern.
We foresee a correction.
-------------------
Share your thoughts in the comments section, and show your support by like the proposal. Thank you for your support!
Trade Active
GOLD is in an upward channel between the trendlines.
The price is moving away from dynamic resistance and the channel's upper boundary.
The chart has created a harmonic pattern.
We expect XAUUSD to fall within the channel.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.